We recently discussed the recession signals from the NFIB (National Federation Of Independent Business) and the inverted yield curve.
“As in 2019, we see many of the same recession signals from the NFIB survey again combined with a high percentage of yield curve inversions. Notably, out of the ten yield spreads we track, which are the most sensitive to economic outcomes, 90% are inverted.”
As we noted, many analysts suggest the economy may have a “soft landing.” Or, rather, avoid a recession, primarily due to the continued strength in the monthly employment reports.
Read more here: https://www.investing.com/analysis/recession-signals-mount-as-consumers-struggle-to-pay-bills-200635422
